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Robinhood plans to shift prediction market flow to Rothera and OG.com and move off most competitors, iGaming Times reports
- Robinhood plans to shift prediction market flow to Rothera and OG.com and move off most competitors, iGaming Times reports — iGaming Times reports Robinhood CFO Shiv Verma told investors on the October 27 results call that Rothera will be its primary prediction market exchange and Crypto.com's OG.com its main second venue, with the two carrying the vast majority of its flow by early next year. Robinhood received an initial 1 percent stake in Crypto.com and OG.com with no cash outlay, earnable up to 10 percent, and reported third-quarter event contract revenue of 173 million dollars on a record 16.4 billion contracts traded. (iGaming Times)
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